Gregory Tomb - Dec 9, 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role: President
Signature: /s/ Aparna Bawa, Attorney-in-Fact
Stock symbol: ZM
Transactions as of: Dec 9, 2022
Transactions value $: -$1,050,282
Form type: 4
Date filed: 12/13/2022, 07:08 PM
Previous filing: Oct 11, 2022
Next filing: Dec 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZM	Class A Common Stock	Options Exercise	$0	+14.4K	+60.29%	$0.00	38.2K	Dec 9, 2022	Direct
transaction	ZM	Class A Common Stock	Tax liability	-$494K	-6.97K	-18.22%	$70.91	31.3K	Dec 9, 2022	Direct	F1
transaction	ZM	Class A Common Stock	Sale	-$133K	-1.88K	-6%	$70.91	29.4K	Dec 12, 2022	Direct	F2
transaction	ZM	Class A Common Stock	Sale	-$137K	-1.88K	-6.38%	$72.80	27.5K	Dec 12, 2022	Direct	F2, F3
transaction	ZM	Class A Common Stock	Sale	-$287K	-3.71K	-13.48%	$77.30	23.8K	Dec 13, 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZM	Restricted Stock Units	Options Exercise	$0	-14.4K	-3.45%	$0.00	403K	Dec 9, 2022	Class A Common Stock	14.4K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.79 to $72.805. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
F4	Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F5	The reporting person received an award of restricted stock units on June 9th 2022, 1/32 of which will vest on each regular quarterly vest date over a four year period, commencing on the vesting commencement date. A "Regular Quarterly Vest Date" occurs on (i) the date that is every three months following the Vesting Commencement Date, on the day of the calendar month that corresponds with the Vesting Commencement Date and (ii) the 9th calendar day of the third month of each of Zoom's fiscal quarters.